S2 E3 Know Your Money Pot

The Swan Effect - Creating and Sustaining Your Financial Wellbeing

In Episode 3 of Season 2, Arthi and Malika dive in a deeper into the first financial superpower that was mention in Episode 1, being Know Your Money Pot.
As we come to the end of the year and the festive season round the corner, it is very easy to think about the spending that needs to happen and then think about how to pay for it. We're challenging you to reverse that order, to know how much income and other inward resources you have and then deliberate on where and how to spend it, not just for upcoming expenses but also for savings.
Malika and Arthi discuss:

• where could your current sources of income come from
• ways to consider making more money or generating multiple sources of income, especially in an environment where costs are sometimes increase due to forces beyond one's control
• how to think about and prepare for short term sacrifices in order to help medium or longer term goals materialise
• strategies on how to stockpile
• Ways in which you can track your income and savings

And so many more tips and ideas that will not only motivate you but commit you towards progress with your money management goals.

We would love to hear your views based on the concepts covered in this episode.

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This episode is proudly sponsored by Old Mutual Wealth.